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Northrim BanCorp NRIM Home Mortgage Lending — Purchased receivables, net

Other segment segments

Specialty Finance
$105.03M+10.0%
Community Banking
$0

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Other financials

Income statement

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Revenue$53.9M+7.2%
Net income$15.3M+30.3%
EPS (diluted)$0.68-67.5%

Balance sheet

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Cash & equivalents$406.9M-17.3%
Total debt$93.0M+1,215%
Total equity$347.6M+19.8%
Total assets$3.4B+5.3%

Cash flow

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Operating cash flow$27.2M+64.6%
CapEx$2.9M+1,290%
Free cash flow$24.3M+48.9%

Valuation

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Market cap$587.71M+25.5%
P/E8.6×-1.9×
P/S2.7×0.0×

Profitability

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Net margin30.9%+5.8pp
FCF margin67.2%

Returns & leverage

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Return on equity21.5%+4.8pp
Debt / equity0.3×+0.2×

Where this comes from

Reported directly by Northrim BanCorp in its filing.

Tagged under the XBRL concept us-gaap:AccountsReceivableNet.

The source filing: Northrim BanCorp’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 2:06 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001163370-26-000021
March 31, 2026 / (In Thousands)Community BankingHome Mortgage LendingSpecialty FinanceConsolidated
Total assets$2,775,963$401,203$177,742$3,354,908
Loans held for sale$—$81,179$—$81,179
Loans$2,081,912$264,662$12,128$2,358,702
Purchased receivables, net$—$$105,029$105,029
Goodwill$7,525$7,492$34,857$49,874

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Northrim BanCorp's home mortgage lending — purchased receivables, net?
Northrim BanCorp (NRIM) reported home mortgage lending — purchased receivables, net of $0 in Q1 2026.
What does home mortgage lending — purchased receivables, net mean?
This metric measures the net value of mortgage-related receivables acquired from third parties. It indicates the segment's inorganic growth strategy and its ability to expand its mortgage portfolio through external acquisitions. Investors use this to assess the bank's strategy for scaling operations beyond organic loan origination.

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